Product Code: ETC129555 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India is the world?s third-largest consumer of phosphoric acid, with a significant domestic market for the chemical. The country`s demand for phosphoric acid has been steadily rising over the past few years and is expected to continue in the coming years owing to its wide variety of applications across industries such as food & beverages, fertilizers, pharmaceuticals, detergents, and others.
Increasing use of phosphate additives in animal feed industry ? Phosphates are widely used as an additive in animal feed due to their ability to enhance nutritional value and improve digestibility in animals. This factor is expected to drive demand from end-use sectors like poultry farming which will subsequently spur India?s phosphoric acid market. Growing population ? With increasing population growth rate coupled with rapid urbanization and industrialization activities being witnessed across India; there has been a rise in demand for food products which necessitates use of minerals including phosphorus compounds generated by manufacturing process of phosphoric acid. This factor acts as one of major driver propelling growth prospects for India?s phosphatic acid market over next 5 years.
High cost associated with production process? Generally high cost involved in production processes along with stringent environmental regulations applicable on chemicals such as sulfuric acids/phosphorus pentoxide which are used during synthesis process tends to be one key challenge hampering penetration rate among small scale manufacturers across India hence limiting overall market size prospects over next five year period.
Rising usage organic sources ? With growing awareness regarding health benefits associated with organic sources; manufacturers have shifted focus towards utilizing natural resources including rock phosphate instead opting synthetic ones manufactured chemically via utilization sulphuric acids/phosphorus pentoxide thereby reducing dependence on conventional methods consisting harmful ingredients thus providing impetus towards sustainability initiatives taken up by industry participants like The Fertilizer Association Of India(FAI) amongst many other ecosystem players significantly boosting overall business outlook over upcoming years.
Major players operating within Indian Phosphate Acid Market include names such Shibu Group , Gujarat Narmada Valley Fertilizers & Chemicals Limited ,Krishna Phoschem Limited , IFFCO etc..
India Phosphoric Acid |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Phosphoric Acid Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Phosphoric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 India Phosphoric Acid Market - Industry Life Cycle |
3.4 India Phosphoric Acid Market - Porter's Five Forces |
3.5 India Phosphoric Acid Market Revenues & Volume Share, By Process Type, 2021 & 2031F |
3.6 India Phosphoric Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Phosphoric Acid Market Revenues & Volume Share, By Fertilizer Type, 2021 & 2031F |
3.8 India Phosphoric Acid Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.9 India Phosphoric Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
4 India Phosphoric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Phosphoric Acid Market Trends |
6 India Phosphoric Acid Market, By Types |
6.1 India Phosphoric Acid Market, By Process Type |
6.1.1 Overview and Analysis |
6.1.2 India Phosphoric Acid Market Revenues & Volume, By Process Type, 2018 - 2031F |
6.1.3 India Phosphoric Acid Market Revenues & Volume, By Wet Process, 2018 - 2031F |
6.1.4 India Phosphoric Acid Market Revenues & Volume, By Thermal Process, 2018 - 2031F |
6.1.5 India Phosphoric Acid Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 India Phosphoric Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Phosphoric Acid Market Revenues & Volume, By Home Cleaning Agents, 2018 - 2031F |
6.2.3 India Phosphoric Acid Market Revenues & Volume, By Fertilizer Chemicals, 2018 - 2031F |
6.3 India Phosphoric Acid Market, By Fertilizer Type |
6.3.1 Overview and Analysis |
6.3.2 India Phosphoric Acid Market Revenues & Volume, By Mono-Ammonium Phosphate (MAP), 2018 - 2031F |
6.3.3 India Phosphoric Acid Market Revenues & Volume, By Diammonium Phosphate (DAP), 2018 - 2031F |
6.3.4 India Phosphoric Acid Market Revenues & Volume, By Triple Superphosphate (TSP), 2018 - 2031F |
6.4 India Phosphoric Acid Market, By End-Users |
6.4.1 Overview and Analysis |
6.4.2 India Phosphoric Acid Market Revenues & Volume, By Electronics, 2018 - 2031F |
6.4.3 India Phosphoric Acid Market Revenues & Volume, By Beverage, 2018 - 2031F |
6.4.4 India Phosphoric Acid Market Revenues & Volume, By Medical, 2018 - 2031F |
6.4.5 India Phosphoric Acid Market Revenues & Volume, By Food, 2018 - 2031F |
6.4.6 India Phosphoric Acid Market Revenues & Volume, By Fertilizer, 2018 - 2031F |
6.4.7 India Phosphoric Acid Market Revenues & Volume, By Others, 2018 - 2031F |
6.5 India Phosphoric Acid Market, By Grade |
6.5.1 Overview and Analysis |
6.5.2 India Phosphoric Acid Market Revenues & Volume, By Food-Grade, 2018 - 2031F |
6.5.3 India Phosphoric Acid Market Revenues & Volume, By Technical Grade, 2018 - 2031F |
7 India Phosphoric Acid Market Import-Export Trade Statistics |
7.1 India Phosphoric Acid Market Export to Major Countries |
7.2 India Phosphoric Acid Market Imports from Major Countries |
8 India Phosphoric Acid Market Key Performance Indicators |
9 India Phosphoric Acid Market - Opportunity Assessment |
9.1 India Phosphoric Acid Market Opportunity Assessment, By Process Type, 2021 & 2031F |
9.2 India Phosphoric Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Phosphoric Acid Market Opportunity Assessment, By Fertilizer Type, 2021 & 2031F |
9.4 India Phosphoric Acid Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.5 India Phosphoric Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
10 India Phosphoric Acid Market - Competitive Landscape |
10.1 India Phosphoric Acid Market Revenue Share, By Companies, 2024 |
10.2 India Phosphoric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |